Welcome to 27 Railroad Avenue located in desirable downtown Newfields. This very well maintained and updated 3 bedroom ranch is ready for you to move in and enjoy all the Seacoast has to offer. Through the convenient mudroom is the open concept large kitchen with lots of room for gatherings. The kitchen has been updated with maple cabinets, brand new refrigerator, island and a slider to newer composite deck with railings overlooking partially fenced backyard. Relax in the living room which has hardwood flooring, custom built-ins, vaulted ceiling with a pretty bay window. The large primary bedroom is a 2013 addition with a half bathroom, soaring cathedral ceiling, custom built-in window seat, skylights and double closets, it’s a truly impressive retreat. The bathroom was fully renovated in 2018 with a custom tile shower with river stone detail, glass door and radiant floor heat. Two additional bedrooms with hardwood floors round out the first floor. If you need more space you will find a bonus room in the lower level. The laundry is located in the walk out lower level offering lots of storage & a work shop area. 3 mini splits for secondary heat and A/C. Nicely landscaped . 45+/- acre lot with bluestone patio & brick firepit and large shed with electricity. Located near the general store, library, post office and elementary school and also close to commuting highways, beaches, 30 minutes to Manchester, 20 minutes to Portsmouth &60 minutes to Boston. Exeter SAU#16 School District
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $463,920 | $463,920 | $463,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $586 | $586 | $586 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,086 | $3,083 | $3,978 |
Total Monthly Payment | $3,764 | $3,761 | $4,656 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.